Jonathan Rothberg Sells 452,729 Shares of Butterfly Network (NYSE:BFLY) Stock

Butterfly Network, Inc. (NYSE:BFLY) Director Jonathan Rothberg sold 452,729 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $4.14, for a total transaction of $1,874,298.06. Following the completion of the sale, the director directly owned 335,834 shares of the company’s stock, valued at $1,390,352.76. The trade was a 57.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Butterfly Network Trading Down 3.0%

BFLY stock opened at $4.03 on Friday. The firm’s 50-day moving average is $3.13 and its two-hundred day moving average is $2.30. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of -12.20 and a beta of 2.27. Butterfly Network, Inc. has a 52 week low of $1.32 and a 52 week high of $4.98.

Butterfly Network (NYSE:BFLY) last posted its quarterly earnings data on Friday, October 31st. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.02. Butterfly Network had a negative net margin of 90.31% and a negative return on equity of 37.80%. The business had revenue of $21.49 million during the quarter, compared to analysts’ expectations of $21.23 million. On average, equities research analysts predict that Butterfly Network, Inc. will post -0.35 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BFLY. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Butterfly Network in the 2nd quarter valued at approximately $25,000. Ameriprise Financial Inc. acquired a new position in Butterfly Network in the 3rd quarter worth about $25,000. Y Intercept Hong Kong Ltd acquired a new position in Butterfly Network in the third quarter worth approximately $32,000. BNP Paribas Financial Markets increased its stake in shares of Butterfly Network by 707.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 16,258 shares of the company’s stock worth $33,000 after purchasing an additional 14,244 shares during the last quarter. Finally, Wisconsin Wealth Advisors LLC acquired a new stake in shares of Butterfly Network in the 4th quarter valued at $38,000. 37.85% of the stock is currently owned by institutional investors and hedge funds.

Butterfly Network News Summary

Here are the key news stories impacting Butterfly Network this week:

• Positive Sentiment: Company roadmap: Butterfly plans a 2026 “Beam Steering” API to expose core 3D imaging capabilities to Butterfly Garden developers — could expand third‑party apps, AI integrations and future monetization opportunities. Read More.
• Neutral Sentiment: Analyst coverage and technicals remain mixed: consensus MarketBeat target ~ $3.67 with Buy/Hold/Sell split; 50‑ and 200‑day moving averages show recent strength off lows but the company remains loss‑making. Read More.
• Neutral Sentiment: Institutional investors hold a meaningful stake (~38%): several funds (Geode, Acadian, others) have recently increased positions, which can stabilize liquidity and supply in secondary market trading. Read More.
• Negative Sentiment: Large director selling: Director Jonathan M. Rothberg executed multi‑day sales totaling ~1.14M shares across Jan 6–8 at roughly $4.03–$4.18 (~$4.7M aggregate), materially reducing his stake — a clear negative for near‑term sentiment and potential selling pressure. Read More.
• Negative Sentiment: Additional executive sales: EVP John N. Doherty sold 60,182 shares (avg $3.98) on Jan 7; CTO Victor Ku sold 35,968 shares (avg $3.82) on Jan 5 — these add to the cluster of insider exits and may amplify short‑term downside risk. Read More. Read More.

Wall Street Analysts Forecast Growth

BFLY has been the topic of a number of research analyst reports. Loop Capital set a $5.00 target price on Butterfly Network in a report on Wednesday, December 31st. Weiss Ratings restated a “sell (d-)” rating on shares of Butterfly Network in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Butterfly Network from a “sell” rating to a “hold” rating in a report on Sunday, November 23rd. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $3.67.

About Butterfly Network

Butterfly Network, Inc is a medical technology company focused on democratizing access to diagnostic imaging through its proprietary ultrasound-on-chip platform. The company’s flagship device, the Butterfly iQ, leverages semiconductor technology to deliver whole-body ultrasound imaging in a handheld form factor. This portable system connects to a compatible smart device, enabling point-of-care scanning across a variety of clinical settings.

Beyond its hardware offering, Butterfly Network provides a cloud-based software suite that supports image storage, analysis and remote collaboration.